Todd R. Wagner (birthed August 2, 1960) co-founded Broadcast.com and is now Owner and Chairman of the Charity Network. He additionally co-owns 2929 Entertainment with Mark Cuban, in addition to other enjoyment residential properties.
Early life
Wagner was birthed in Gary, Indiana. He first went to Merrillville high school then attended Indiana University joining Kappa Sigma Fraternity Beta Theta Chapter. He later on graduated in 1983. He earned a law level from University of Virginia and then transferred to Dallas, Texas where he came to be a licensed CPA in the State of Texas, and began a lawful profession with the national firms Akin, Gump, Strauss, Hauer & Feld as well as Hopkins & Sutter.
Broadcast.com
In 1995 he associated fellow Indiana alum Mark Cuban and also the two successfully released AudioNet, broadcasting real-time sporting occasions and radio stations online, at first with only a Packard Bell 486 COMPUTER as well as a single ISDN line. As Chief Executive Officer, Wagner expanded the company and broadened its services to include company occasions as well as business . In 1998 Wagner as well as Cuban altered the name to Broadcast.com as well as took the company public during the dot-com boom. The Broadcast.com IPO established an opening-day record, with shares climbing 249% from an offering price of $18 to a closing price of $62.75. In 1999, Wagner as well as Cuban sold Broadcast.com to Yahoo! for $5.7 billion, making 300 employees millionaires (briefly, on paper) as well as Wagner as well as Cuban instant billionaires. Wagner continued to lead the division as Yahoo! Program till May 2000, when he decreased an offer to end up being Yahoo!’s Principal Operating to focus on other passions.
Todd Wagner Net Worth: Todd Wagner is an American businessman who has a net worth of $1.5 billion dollars. Born in Gary, Indiana, in 1960, Todd Wagner graduated from Indiana University in 1983 before earning his J.D. at the University of Virginia. Wagner’s career as a CPA and lawyer began in Dallas, Texas, with several national firms. In 1995, he and Indiana alum and future owner of the Dallas Mavericks Mark Cuban teamed up to launch a company that broadcast live sports and radio stations over the Internet. Wagner served as CEO of AudioNet, which eventually became Broadcast.com, and went public with shares climbing 249% on opening day. Yahoo! bought out Broadcast.com four years later for $5.7 billion; Wagner stayed on with Yahoo! until 2000. A year later, he formed his own organization, the Todd Wagner Foundation, which has several sub-programs. The Dallas After-School All-Stars are dedicated to providing technology, sports, and academic programs for inner city children even when school isn’t in session, while the Minority Technology Fund works to provide funding for technology businesses in Dallas that are owned by minorities. He and Cuban own and operate the Wagner/Cuban Companies; their production company, 2929 Productions, put together two Oscar-nominated movies: “Good Night, and Good Luck” and “Enron: The Smartest Guys in the Room”. Wagner owns stake in Lions Gate Entertainment, The Weinstein Company, and Cuban’s Dallas Mavericks.
Source:
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